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      IMF boss warns on AI ‘tax erosion’ if jobs are wiped out

      IMF Managing Director Kristalina Georgieva speaking at a press conference, addressing global economic challenges.

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Politics

  • Robert Jenrick hits out at Deloitte and KPMG over job cuts

    Big Four

    Reform UK’s Robert Jenrick has criticised Big Four giants Deloitte and KPMG for laying off British staff, alleging they did so while “importing thousands of migrant workers”. In his latest video post, standing outside Deloitte’s London HQ, the MP said Deloitte “laid off 800 UK staff” but that “over the last five years, they have [...]

    Robert Jenrick speaking at a press conference, addressing current policy issues, wearing a suit and standing behind a podium
  • Culture secretary Lisa Nandy ‘minded to intervene’ in Sky takeover of ITV

    Media

    Culture secretary Lisa Nandy is “minded to intervene” in Sky’s proposed £1.6bn takeover of ITV’s media and entertainment arm. In a statement to MPs, she said: “Having considered the anticipated merger, I am of the view that there are reasonable grounds to believe that it might affect availability of a wide range of high-quality and [...]

    Culture secretary Lisa Nandy has warned that the limbo over David Kogan’s appointment as head of the Independent Football Regulator is “obviously having real-world consequences”.
  • Big Four scoop £1.5bn in government contracts despite Labour’s pledge to cut spend

    Big Four

    The Big Four have collectively secured over £1.5bn in public contracts so far this year despite the UK government’s pledge to cut spending on external consultants to save taxpayers’ money. An investigation by market intelligence platform Tussell found the government has awarded KPMG, Deloitte, EY and PwC over £1.5bn in contracts so far in 2026, [...]

    Deloitte building exterior at dusk with illuminated offices and company logo visible
  • Healey promises Budget will ‘meet the moment’

    October 15, 2026

    Chancellor John Healey has promised that the Budget will “meet the moment” as rising costs are set to hamper households and businesses over the next few months.  In interviews in Bangkok for the International Monetary Fund’s meetings, Healey said he had acted from “week one” to relieve pressures facing businesses and households with a blitz [...]

  • ‘Nothing can stop it’ – The state expands like the horror film Blob

    October 15, 2026

    The 1958 classic horror film The Blob scored mixed reviews on its release, with critics lamenting the poor acting and weak dialogue. Posters for the movie warned that the alien blob “devours everything in its path” and “nothing can stop it” – which is why, half a century later, Michael Gove resurrected and popularised the [...]

  • Healey told to cut employment taxes and energy bills to boost business

    October 15, 2026

    Britain’s biggest business lobby group has urged John Healey to cut employment taxes and energy bills in his first Budget, warning that further tax rises risk choking off investment and jobs. The Confederation of British Industry (CBI) called on the Chancellor to give firms “breathing space” at the Budget on 28 October, as businesses grapple [...]

  • Tories to warn Burnham on ‘bending to left’ on bank tax raid

    October 14, 2026

    Kemi Badenoch is expected to fire a bank tax warning shot to the Labour government on Thursday during a visit to Edinburgh.  The Conservatives will warn Andy Burnham against “bending the knee to left-wing backbenchers and trade union paymasters,” as the pre-Budget debate heats up. It follows the banking sector swinging into defence mode ahead [...]

  • Benefits and pensions for foreign nationals ‘cost £23bn’

    October 14, 2026

    Spending on benefits and pensions for foreign nationals totalled about £23bn in 2025, according to a leading think tank, amid calls for a rethink on the impcat of immigration and the welfare system.  The Centre for Social Justice estimated that the UK government spent about £23bn on benefits, pensions and child-related support for non-British nationals [...]

  • Business feels ‘beaten up’, Burnham ally says 

    October 14, 2026

    Lord Jim O’Neill, one of Andy Burnham’s closest allies, has warned businesses feel “beaten up” by government as he urged the Prime Minister to spare British companies from another punishing raid at the Budget.  Speaking to a group of MPs at the Treasury Select Committee, O’Neill doubled down on his opposition to capital gains tax [...]

  • Government’s AI tool eases probation work amid prison overcrowding measures

    October 14, 2026

    The government introduced an AI transcription tool designed to help probation officers focus on reducing reoffending, as a second wave of prisoners were released early from overcrowded prisons. The Ministry of Justice (MoJ) and HM Prison & Probation Service (HMPPS) developed an AI transcription tool, ‘Justice Transcribe’, to help probation officers record meeting notes. After [...]

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